Independent Bank Group, Inc Gross Profit

Gross Profit of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit growth rates and interactive chart. Gross profit is a company's net sales revenue minus its cost of goods sold (or cost of revenue). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.

Highlights and Quick Summary

  • Gross Profit for the quarter ending September 29, 2020 was $157 Million (a 2.23% increase compared to previous quarter)
  • Year-over-year quarterly Gross Profit increased by 7.43%
  • Annual Gross Profit for 2019 was $583 Million (a 58.2% increase from previous year)
  • Annual Gross Profit for 2018 was $368 Million (a 20.12% increase from previous year)
  • Annual Gross Profit for 2017 was $307 Million (a 50.85% increase from previous year)
  • Twelve month Gross Profit ending September 29, 2020 was $595 Million (a 0.75% increase compared to previous quarter)
  • Twelve month trailing Gross Profit increased by 2.06% year-over-year
Trailing Gross Profit for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$595 Million $591 Million $583 Million $583 Million
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Historical Gross Profit of Independent Bank Group, Inc

Most recent Gross Profitof IBTX including historical data for past 10 years.

Interactive Chart of Gross Profit of Independent Bank Group, Inc

Independent Bank Group, Inc Gross Profit for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $157.17 $153.75 $137.75
2019 $146.3 $152.72 $145.84 $138.08 $582.93
2018 $97.0 $99.02 $89.04 $83.42 $368.48
2017 $88.83 $84.99 $80.5 $52.45 $306.77
2016 $51.75 $50.67 $50.81 $50.13 $203.36
2015 $46.41 $41.89 $41.89 $40.04 $170.23
2014 $42.14 $36.64 $34.52 $24.47 $137.77
2013 $23.37 $21.37 $20.58 $20.64 $85.95
2012 $20.89 $17.24 $15.94 $14.19 $67.72
2011 $53.99
2010 $50.22

Business Profile of Independent Bank Group, Inc

Sector: Financial Services
Industry: Banks—Regional
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2019, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.